|
(MoneyNewsWire.Net, October 07, 2017 ) According to the report Saudi Arabia OTC Drugs Industry, published by Market Data Forecast, The Industry has been estimated as 614 million in 2016 with a growing potential of 9.2%. Saudi Arabia OTC Drugs Industry accounts for XX% of total Middle East and Africa OTC Industry.
The term ‘’Over the counter’’ mentions to pharmaceuticals, which are bought across the counter without any need of physicians prescription. OTC drugs are used to treat and prevent minor disorders, as growing aging population there is an increasing push to be able to license OTC medicines for the use of treatment of chronic conditions.
Browse Industry data tables and in-depth TOC of the Saudi Arabia OTC Drugs Industry to 2021 @ http://www.marketdataforecast.com/market-reports/saudi-arabia-over-the-counter-drugs-market-958/
Saudi Arabia OTC Drugs Industry expected to maintain strong growth drive owing to rapidly growing population coupled with strong inflow of emigrants into the country. Saudi Arabia OTC Drugs Industry is dominated by branded drugs of various international Industry leaders and these drugs are wholesaled under second brand name in association with local companies and distributors.
The Saudi Arabia OTC Drugs Industry is driven by factors such as increasing prevalence of seasonal diseases, increasing awareness of self-medication and the proper use of medications and strong brand reliability for multinational drugs in Saudi Arabia are factors expected to drive demand for OTC Drugs Industry over the forecast period. Moreover, increasing disposable income, healthcare spending, growing healthcare infrastructure and growing assault of health insurance companies in the Saudi Arabia is increasing growth of the OTC Drugs Industry in Saudi Arabia. However, deficient in research capabilities and lack of specific product availability in old-fashioned distribution channels and growing competition from other retail channels which leads to an insignificant decline in the overall value share of distribution channels are the major factor inhibiting the growth of the OTC drugs Industry in Saudi Arabia.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/saudi-arabia-over-the-counter-drugs-market-958/request-sample
The Saudi Arabia OTC drugs Industry has been segmented by formulation type - tablets, liquids, ointments, sprays others. By product type – Industry has been segmented into cough and cold flu drugs, analgesics, dermatologics, gastrointestinal drugs, antiseptics, anti-allergy drugs, smoking cessation aids, vitamins and minerals, ophthalmics, sleep aids, weightloss/diet drugs and others (Ear Drops & Diuretics). By distribution channels Industry has been segmented into pharmacies/drug stores, superIndustrys/hyperIndustrys, convenience stores, others (online drug stores).
Some of the key players dominating the OTC Drugs Industry in Saudi Arabia are GlaxoSmithKline Pharmaceuticals Ltd, Gulf Pharmaceutical Industries, Tabuk Pharmaceutical Manufacturing Co, Jamjoom Pharmaceuticals Co. Ltd., and Reckitt Benckiser Group plc.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/saudi-arabia-over-the-counter-drugs-market-958/inquire
Key Points from Table of Contents
Overview
• Executive Summary
• Key Inferences
• New Developments
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Saudi Arabia Over the Counter (OTC) Drugs Industry: Segmentation
• Product Type
o Analgesics
o Cough, Cold and Flu Products
o Vitamins and Minerals
o Dermatological Products
o Gastrointestinal Products
o Ophthalmic Products
o Sleep Aid Products
o Weight Loss/Diet Products
o Others
• By Formulation Type
o Tablets
o Liquids
o Ointments
o Sprays
• Distribution Channels
o Pharmacies
o SuperIndustrys/HyperIndustrys
o Convenience stores
o Others (Online Drug Stores)
Strategic Analysis
• PESTLE analysis
• Porter’s Five analysis
Industry Leaders' Analysis
Competitive Landscape
Avail discount @ http://www.marketdataforecast.com/market-reports/saudi-arabia-over-the-counter-drugs-market-958/request-discount
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail:abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Market Data Forecast
Abhishek
+1-888- 702-9626
abhishek@marketdataforecast.com
Source: EmailWire.Com 
|
